Cognizant Technology Solutions Corp (NASDAQ:CTSH) Sentiment Dropped to 0.97, Because

June 27, 2018 - By Madeline Delgado

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Corporate Logo

Cognizant Technology Solutions Corp’s Sentiment

“Big money sentiment for Cognizant Technology Solutions Corp (NASDAQ:CTSH) in Q1 2018 decreased to 0.97, SEC.gov filings reveal. So its down -0.22, from 2017Q4’s 1.19. 369 investment professionals increased and opened new positions, while 382 reduced and sold stakes in Cognizant Technology Solutions Corp so the sentiment has dropped. Funds own 491.22 million shares, down from 491.94 million shares in 2017Q4. Funds holding Cognizant Technology Solutions Corp in top 10 increased from 37 to 49 for an increase of 12. 44 Investors Sold All; 338 Reduced Holdings; 269 increased stakes while 100 investment professionals bought stakes.

Largest Cognizant Technology Solutions Corp Investors

Tahithromos L.L.C. owns 160,000 shares in Cognizant Technology Solutions Corp as of Q1 2018. As of Q1 2018, 10.00 million shares of Cognizant Technology Solutions Corp are owned by Comgest Global Investors S.A.S.. Further, Cryder Capital Partners Llp reported 635,297 shares in Cognizant Technology Solutions Corp equivalent to 14.69% of its US long stock exposure. Matthews International Capital Management Llc revealed 3.03 million shares position in Cognizant Technology Solutions Corp. The California-based fund Dalton Investments Llc holds 301,222 shares or 10.12% of their US long stock exposure.

Cognizant Technology Solutions Corporation provides information technology , activities and technology consulting, infrastructure, and business process services worldwide.The firm is valued at $46.01 billion. The firm operates through four divisions: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other.31.65 is the P/E ratio. The Company’s consulting and technology services include strategy consulting, business and activities consulting, technology strategy and change management, and program management consulting services; application design and development; systems integration; and application testing, consulting, and engineering services, as well as enterprise information management services.

Ticker’s shares touched $78.53 during the last trading session after 0.10% change.Currently Cognizant Technology Solutions Corporation is uptrending after 13.31% change in last June 27, 2017. CTSH has 446,597 shares volume. CTSH outperformed by 0.74% the S&P 500.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is anticipated to publish earnings on August, 2., Faxor reports. Analysts expect change of 18.39 % or $0.16 from previous year’s $0.87 EPS compared to current’s $1.03 EPS. If reported the P/E will be 19.06 with $603.48 million profit. 4.04 % EPS growth is what analysts predict. $0.99 EPS was reported for previous quarter.

99,488 were reported by Envestnet Asset. Capital Fund Management reported 35,214 shs. Moreover, Aviva Public Ltd Com has 0.24% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Liberty Cap Mgmt reported 1.65% of its capital in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Northern Trust holds 7.01 million shs. Sheets Smith Wealth reported 0.24% in Cognizant Technology Solutions Corporation (NASDAQ:CTSH). Finemark Comml Bank & holds 0.5% of its capital in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 98,483 shs. Monetary Management Gp owns 0.71% invested in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 21,190 shs. Mckinley Carter Wealth Ser Inc holds 0.91% or 34,563 shs in its capital. Hsbc Hldgs Pcl, United Kingdom-based fund reported 1.25 million shs. Hendershot Invs Incorporated holds 3.95% of its capital in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) for 121,114 shs. Sand Hill Advsr Limited Company reported 3,328 shs. Commerce Fincl Bank owns 19,270 shs or 0.02% of their US capital. 40,131 were accumulated by Raymond James Advisors Inc. 9,578 were accumulated by Seabridge Invest Advsr Limited Liability Corp.

Cognizant Technology Solutions Corporation had 51 selling transactions and 1 buy since January 9, 2018. This’s net activity of $52.00 million. McLoughlin Karen sold $150,014 worth of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) on Thursday, March 15. GOMATAM SUMITHRA sold $199,500 worth of stock or 2,625 shs. Shares for $478,981 were sold by fox John nelson JR on Wednesday, February 14. RAMAKRISHNAN CHANDRASEKARAN sold $1.89 million worth of stock or 25,000 shs. On Tuesday, March 27 $205,725 worth of stock was sold by Veeraraghavachary Srinivasan. On Friday, June 15 the insider Middleton Sean sold $52,417.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Ratings Coverage

In total 16 analysts cover Cognizant (NASDAQ:CTSH). “Buy” rating has 13, “Sell” are 0, while 3 are “Hold”. 81% are bullish. With $100.0 highest and $79 lowest target Cognizant has $89 average target or 13.33% above the current ($78.53) price. 19 are the (NASDAQ:CTSH)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Robert W. Baird with “Buy” on Friday, January 12. On Wednesday, February 7 the stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Buy” rating given by Needham. On Thursday, February 8 the stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) has “Neutral” rating given by Nomura. On Tuesday, May 8 the stock of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) earned “Equal-Weight” rating by Morgan Stanley. The stock rating was upgraded by Citigroup to “Buy” on Thursday, January 18. On Thursday, February 8 the rating was maintained by Cowen & Co with “Buy”. The company rating was maintained by RBC Capital Markets on Thursday, January 4. On Wednesday, February 7 the rating was maintained by KeyBanc Capital Markets with “Buy”. On Wednesday, February 7 the firm has “Buy” rating by J.P. Morgan given. On Wednesday, February 7 the rating was maintained by SunTrust with “Buy”.

More recent Cognizant Technology Solutions Corporation (NASDAQ:CTSH) news were released by Investorplace.com, Nasdaq.com and Seekingalpha.com. The first one has “20 Nasdaq-100 Stocks That Will Heat Up 2H18” as a title and was released on June 15, 2018. The next is “Analysis: Positioning to Benefit within Marinus Pharmaceuticals, Valley National, BB&T, Cognizant Technology …” on June 27, 2018. And last was released on June 04, 2018, called “STMicroelectronics Is Inexpensive – Cramer’s Lightning Round (6/1/18)”.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Institutional Investors Chart

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